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One Of These Things Is Not Like The Other
US equities are exuberantly holding on to their 2-3% gains this week following the "Greek deal" - which is falling apart. Treasury yields have collapsed from kneejerk swings. Greek stocks have plunged since the agreement.. and the Euro has nosedived. Who is right?
Charts: Bloomberg
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30 year yield will have to catch up to S&P. BTFD
International Socialism must be destroyed
I am convinced that it is not socialism that is at the root cause, but those in power who want power for themselves and everyone else equally powerless.
Which is socialism in the fact that Central Planning is the Be All to End All. All the power resides with the Central Planners. After all they do know what is in your best interest.
Some animals are more equal than others.
Hitler and Mussolini presided over decidedly centrally planned governments.
The US financial system (if not the global financial system) is centrally planned. I think just about anything else being likewise pales in comparison.
And notice please in the former case who it is doing the planning. It's okay for the bankers, not okay for the prols.
Sociopathism: Fascism disguising itself as socialism.
We need to do an updated version of this with charts;
https://www.youtube.com/watch?v=FClGhto1vIg
You don't need to ask who is right. Time for your mandatory vaccination and counseling session.
That will be the day I let some asshole stick me with a sharp, that's when I go all in and start blazing the glory...in the end were all dead anyway might as well take a few fuckers with me.
Rabbi Cahn says according to the 7 year Schmetah America's economy will collapse in 2015. According to the Obama prophecies America is about to suffer much more than an economic collapse! http://revelation12.ca
Meanwhile, times are rough in the oil patch:
Sabine Oil & Gas Files Chapter 11 Bankruptcy ProtectionBLOOMBERG: WEDNESDAY, JULY 15, 2015
http://www.oilandgasinvestor.com/sabine-oil-gas-files-chapter-11-bankrup...
The edge of things to come and all those HY bonds will be coming due soon.....
The faux deal with Iran will help Obama crush the US oil industry.
I'm pretty sure the Saudis want that outcome a lot more than Obama does.
But think what you like. It doesn't even matter.
Ahh, ummmm.... whoever BTFD is the one who was right.
The Greeks are crazy like a fox. They take the loan now which everyone knows won't be enough. In 3 months they tell the EU (Germany) that they can't repay. But those 3 month bought them time to print a new currency and better prepare Grexit.
They were supposed to do that over the last 4 years.
OK. Here's the deal. You are going to print Billions of New Drachmas over the next few months. We will supply all the engravings and paper specifications. But there's a catch. Nobody can know you are printing the New Drachmas. Because it's rerally really secret.
So you believe they took this deal with the belief they will grow their way out of this mess and eventully repay everybody in full.
Poof
what? what do you mean repay? no one told me you had to 'repay' a loan !!
All I know is, there's NO fucking way Moe Howard is going to lift rates in September, and the stronger the $usd gets, the more of a drag it is on GDP and energy producers.
I agree with this.
GREECE IS DEAD ALREADY.
So anything related to "Greece" and "Wall Street" is prima facies a fallacy.
IF THIS IS A BAD DEAL FOR GERMANY TOO AND NOW THE IMF IS MOVING IN...then yes, bullish for Wall Street.
No selling or shorting its WRONG!!!! sarc
This has been going on for seven years now...you were expecting some other outcome?!?!?
There is no question, stawks are always right. BTFD
The Greek deal is not "falling apart". That's a done deal. Of course Greek stocks are falling on this "deal"
Yellen's Fantasy Island.
Fantasy Island TV Show Opening Theme Season ...
US stocks and bonds are up because Obama has skillfully navigated our country unlike Greece. QED
So let me show you 2 weeks into the future.
Earnings across the board will suck ... Stocks will see endless buying
China wiI'll continue to show significant cracks....stocks will Dramatically rise in a global frenzy
The Greek deal will fall apart ..... Stocks will only tear higher
Iran will be caught running a covert nuke program...stocks will run like a shot out of a gun
Gold will break below 1000.... Stocks will only go higher
Silver will break 10 .....stocks will continue to go higher
Copper companies will be cold calling you at home and paying you to take the stuff away....stocks will bolt higher
The euro will break par and yes....stocks will run to the right and up.
This is never going to end.
The U.S. And euro markets are no better than the Chinese bubbles that we poke fun of daily. I remember when Rambus split 10 for 1 and did it again like 6 months later. Now I hear nflx is a trillion dollar company... WTF. They don't even have Caddyshack!,,,,
Well played. But probably not "two weeks" more like the remainder of the year. 2016 should be "exciting".
You know how that shit go.
I'm willing to bet it gets exciting during the last quarter of this year.
Oh please, this is no surprise. Money is sloshing to the perceived zone of safety and the last place a profit might be made.
They are different things. The stock graph is of FED software applications connected to an infinite supply of fiat and the others have some connection to reality. What was the question again?